Posted by Newbie_123 > 2023-03-20 10:56 | Report Abuse

With oil price crashing everywhere, better take shelters. more doom than gloom

Posted by KimSua > 2023-03-20 12:27 | Report Abuse

0.62 support broken, next level 0.60 and 0.55, Can buy in between?

Posted by pang72 > 2023-03-20 15:03 | Report Abuse

Where the karma people?

Posted by pang72 > 2023-03-20 15:04 | Report Abuse

Wait for them to cut lose then we buy cheap from them

Posted by Jerichomy > 2023-03-20 15:08 |

Post removed.Why?

Posted by Zhuge_Liang > 2023-03-20 15:10 | Report Abuse

The worldwide stock markets are in bear market.
According to a sifu, never buy high debt stock like Armada.
I have to follow this sifu, otherwise, this sifu will attack me non-stop.
Is this sifu a reputable sifu ? Or a Holland sifu ?
I do not know, I dare not go against him loh.

Posted by Zhuge_Liang > 2023-03-20 15:13 |

Post removed.Why?

Posted by KimSua > 2023-03-20 15:24 | Report Abuse

If major support easily broken today, 0.6/0.595 better wait and see as big funds are moving away.

Posted by pang72 > 2023-03-20 15:30 | Report Abuse

50c mari

Posted by pang72 > 2023-03-20 15:32 |

Post removed.Why?

Posted by pang72 > 2023-03-20 15:34 | Report Abuse

Kimsua,
60c gone then 50c mari..
Funds are moving out

Posted by pang72 > 2023-03-20 15:46 | Report Abuse

Amitofu

Posted by Macgyver11 > 2023-03-20 16:00 | Report Abuse

The company shareholders also keep quiet. The big2 institutional that hold the Armada shares also keep quiet. AK also relax even his stock price plummeted . You all ikin bilis why shouting each others quarrel others..relax lah.

Posted by pang72 > 2023-03-20 16:06 | Report Abuse

Aiyo..
This karma sifu feels heart pain for not cursing people die or bankruptcy.

See 59.5c liao..

I don't know, hopefully not.. People bankruptcy from armada shareholder?

Posted by Jerichomy > 2023-03-20 16:19 |

Post removed.Why?

Posted by jaywalker > 2023-03-20 16:20 | Report Abuse

close my eyes.. the sky is high ..

Posted by pang72 > 2023-03-20 16:25 |

Post removed.Why?

Posted by Jerichomy > 2023-03-20 19:22 | Report Abuse

Haha

pang72
Zhuge_Liang

The worldwide stock markets are in bear market.
According to a sifu, never buy high debt stock like Armada.
I have to follow this sifu, otherwise, this sifu will attack me non-stop.
Is this sifu a reputable sifu ? Or a Holland sifu ?
I do not know, I dare not go against him loh.

1 hour ago

FINALLY WRITE SOMETHING MAKING SENSE. HOPEFULLY NOT LOSING TOO MUCH MONEY CUT LOSE AT 59c..
2 hours ago

Posted by Bon888 > 2023-03-20 20:52 | Report Abuse

Happy to see this price adjustment. Big sales is coming, everyone should be happy to grab more tickets or grab back the sold tickets at low price.

Posted by Macgyver11 > 2023-03-20 20:56 | Report Abuse

Oil bounced back to usd 72. Hopefully can touch back usd78 and all the way up back to usd 80.

Posted by StartOfTheBull > 2023-03-20 21:06 | Report Abuse

Panic sellers tomorrow regret.

Posted by Jerichomy > 2023-03-20 21:17 |

Post removed.Why?

Posted by Jerichomy > 2023-03-20 21:18 | Report Abuse

M+ Online Market Wrap - 20Mar23

FBM KLCI: 1,401.81 pts (-9.92pts, -0.70%)
The FBM KLCI (-0.70%) fell for the session and closed just above the key 1,400 level as the regional markets were largely in the negative territory amid deepening fears over the banking crisis in the US and Switzerland. Market breadth remained negative as the decliners hammered the advancers by 653-to-275 stocks. The energy sector (-4.58%) tumbled as declining crude oil price weighed on the oil & gas stocks including ARMADA (-4.5 sen), VELESTO (-3.0 sen), and DIALOG (-3.0 sen).

Top 3 Active stocks:
GPACKET (0082): RM0.055 (+0.5 sen)
HONGSENG (0041): RM0.14 (-0.5 sen)
TOPGLOV (7113): RM0.905 (-1.0 sen)

Volume: 3.47 bn (100-day avg vol: 3.28 bn)
Value: RM1.93 bn (100-day avg val: RM2.11 bn)
Market Breadth: ⬆️275 ⬇️653
Crude palm oil: RM3,793 (-RM127)
Dow Futures: 31,878 pts (-193 pts)

Source: Bloomberg, M+ Online

Posted by TanDavid88 > 2023-03-20 21:21 | Report Abuse

Posted by Zhuge_Liang > 6 hours ago | Report Abuse

Low IQ sifu also in Armada forum.
This low IQ sifu does not know any fundamental of technical.
He just copy and paste blindly in this forum.
You tell him to eat shit, this low IQ sifu will just follow the instruction blindly.

Posted by Jerichomy > 2023-03-20 21:23 | Report Abuse

Go go kill old tv and his fellow subcribers here haha

Posted by Jerichomy > 2023-03-20 21:24 |

Post removed.Why?

Posted by Jerichomy > 2023-03-20 21:25 |

Post removed.Why?

Posted by KimSua > 2023-03-21 07:25 | Report Abuse

Remember US is always the main market maker on oil price, They will fill up their strategic reserves (SPR) below WTI 70s and this will take at least a month or two. Need to monitor this as will be the basis of the oil price increase. The demand is always there, US is the biggest speculator and will never loose. We cannot predict the timing but relatively oil price will continue to rise as demand is still there. Armada fundamentals are still there but to chase beyond 0.70 is foolish and risky and control by speculators. Those who wish to hold have to wait until the next speculative round. No worries as the fundamental is still there. Those on side ways trading , eyes need to be wide open. Good luck.

Posted by KimSua > 2023-03-21 07:49 | Report Abuse

next support level 0.575 (weak) and 2nd 0.540 (stronger)

Posted by pang72 > 2023-03-21 10:23 | Report Abuse

Ambar Warrick

Investing.com-- Oil prices fell in early Asian trade on Tuesday, cutting short a brief rebound from 15-month lows as markets hunkered down before a Federal Reserve interest rate decision this week, while concerns over a banking crisis continued to spur cautious trading.

Posted by LadyRepins > 2023-03-21 18:33 | Report Abuse

OIl and gas is set to shine in years to come, imminent shortage of processing capacity expected due to geopolitical policy focus on ESG discouraging investments in oil/gas. Reality points to ESG as another political agenda, many comments suggest renewables are simply nowhere in replacing world appetite for oil. This underinvestment will probably come to haunt everyone sometime soon.

Major shareholders pump price up for some bag-holders as they step the price in stages, need cycle down to reap some low hanging fruit. Same for all Malaysian listed companies. Armada did a high of 0.725 recently, some bag-holders bought in at 0.69 (try looking at volume profiles). Sure to have some panic sell, but many will hold on... after all the funadamentals of this counter are still good; industry outlook is shining. 2023 pattern suggests 0.59 as a major holding point, juicy liquidity for some to drive prices down to shake holders out. Perhaps a visit to 0.55 momentarily will do it. Going below 0.54 staying thereabouts may mean a new dynamic in play, time to re-strategize.

Posted by LadyRepins > 2023-03-21 18:37 | Report Abuse

https://www.youtube.com/watch?v=Mm6bX_W6CCk listen commencing 06:00 onwards; good take on world energy

Posted by LadyRepins > 2023-03-21 18:47 | Report Abuse

Haha,
@KimSua .. next support level 0.575 (weak) and 2nd 0.540 (stronger)

Seems we're on same technicals. 0.575 is the peak from Feb'22 while 0.55 is a Dec'19 followed by multiple peaks throughout. These should hold. If shoots below 0.54 and remains there long then a re-think is probably prudent. Otherwise, fill your bags people, opportunity abound.

Posted by Jerichomy > 2023-03-21 22:50 |

Post removed.Why?

Posted by KimSua > 2023-03-22 07:25 | Report Abuse

@LadyRepins, all about risk management, going from 60 -70c is probable so is 60 cents going back to 50c. Going in now will be gambling :) if it does not reduce further , so be it. Never chase high . Armada is highly speculative now.

Posted by TanDavid88 > 2023-03-22 08:32 |

Post removed.Why?

Posted by OrlandoOilSemiconIoT > 2023-03-22 09:45 | Report Abuse

This round oil price drop is not to due to demand and supply

But SVB shock wave

Going to rebound soon

If it doesn't OPEC+ will make sure by cutting production

Alao Putin has a war to finance

Posted by Bon888 > 2023-03-22 10:13 | Report Abuse

A company earning 732million a year, PE less than 5.

No brainer deal. I top up again yesterday!

Posted by Zhuge_Liang > 2023-03-22 10:31 |

Post removed.Why?

Posted by OTB > 2023-03-22 11:06 |

Post removed.Why?

Posted by OTB > 2023-03-22 11:09 | Report Abuse

I am sorry to all investors of Armada to cause this embarrassment here.
I told all my subscribers not to post any article on Armada.
They should invest quietly to make money.
Thank you.

Posted by Bon888 > 2023-03-22 14:04 | Report Abuse

Nothing to worry, many of us here already earned handsome profit from this counter and continue to make money.

Posted by Jerichomy > 2023-03-22 18:50 |

Post removed.Why?

Posted by Zhuge_Liang > 2023-03-22 22:01 |

Post removed.Why?

Posted by Zhuge_Liang > 2023-03-22 22:10 |

Post removed.Why?

Posted by Jerichomy > 2023-03-22 23:08 |

Post removed.Why?

Posted by Zhuge_Liang > 2023-03-22 23:35 |

Post removed.Why?

Posted by Jerichomy > 2023-03-23 13:37 |

Post removed.Why?

Posted by Zhuge_Liang > 2023-03-23 13:43 |

Post removed.Why?

Posted by Activestream > 2023-03-23 15:00 | Report Abuse

Lol why so much argument here the best is to monitor this stock like today incoming buying is up suddenly the volume buying at 615, 61 and 605 cents is strong. if can close with a green bar might be able to see a slow and steady rise back upwards